News

Grant Thornton has announced that it will be making a series of redundancies, making it the first large UK accountancy firm to issue job cuts during the coronavirus pandemic.The firm's Scottish arm is led by managing partner Andrew Howie and employs 180 staff across its three offices based in Aberde

Scottish companies offering online training and e-learning opportunities are seeing a significant increase in enquiries since coronavirus emergency measures were introduced, according to accountancy and business advisory firm MHA Henderson Loggie. The firm has said that companies offering such

Carluke-based ground maintenance and weed control specialist firm Complete Weed Control, has appointed Kirsty Stewart-Brown as finance director. The firm provides ground maintenance and weed control along motorways, construction sites, parks and other public areas throughout the Central Belt. It als

Go Ape, the UK outdoor adventure company and visitor attraction has secured funding from the Coronavirus Business Interruption Loan Scheme (CBILS) through Clydesdale Bank, owned by Virgin Money, to help it through the economic impact of the coronavirus crisis.

The Scottish Government has announced a £2 million funding package to support town centres and aid the recovery of local communities as coronavirus measures are gradually and carefully eased. The Towns and Business Improvement Districts (BIDs) Resilience and Recovery Fund is open to local

The coronavirus crisis has spurred many Scottish smaller firms to sell more online; to introduce new products and services; and to use digital technologies to better manage their operations, according to research from the Federation of Small Businesses (FSB). A survey of almost 800 Scottish business

The UK's GDP fell by 20.4% in April marking the largest decline since monthly records began in 1997, according to the latest data from the Office for National Statistics (ONS).

The Royal Bank of Scotland is urging both businesses and members of the public to continue donating essential food and supplies to its Gogarburn headquarters in Edinburgh to help vulnerable people throughout Scotland as the impact of coronavirus remains prevalent across the country. RBS has been wel

The Financial Reporting Council (FRC) ) has issued imposed non-financial sanctions on KPMG in relation to the statutory audits of the financial statements of Foresight 4 VCT plc. The sanctions have been imposed for the KPMG's audits of the company for the 2012/2013, 2013/2014 and 2014/2015 financial

The Scottish Government has published the results of the consultation on the replacement for European Structural and Investment Funds (ESIF). Scotland has been a major beneficiary of the ESIF since 1975 with an estimated investment of £4 billion between 1975 and 2006, and a further £820

Overall secondary offerings have reached £14.7 billion across 135 transactions in the UK for the year to date, according to new analysis from Deloitte. A secondary offering refers to the sale of shares in a listed company occurring after a company's IPO, with the transaction taking p

Investment bankers in Paris have become the latest to join the post-lockdown cycling craze in the city, as USA bank Morgan Stanley has given bikes to 45 of its staff to use on company business.

Blair Nimmo and Alistair McAlinden of KPMG have been appointed as joint administrators of Kast Retail Limited, which is the loss-making standalone division of the fashion retailer Quiz. The two were appointed joint administrators by the company's directors on June 10.

JBS Fabrication Ltd, an Aberdeenshire company providing engineering solutions to the energy sector, has secured vital funds to navigate the coronavirus lockdown and recovery, thanks to a £1.2 million Coronavirus Business Interruption Loan (CBIL) from Barclays.

Dundee & Angus Chamber of Commerce has launched a new business funding matching tool to revolutionise access to finance for businesses across the region. The new Chamber Finance Finder will allow member businesses fast and simple access to all funding options across loans, equity and grants &nda